Ducommun Incorporated Acquires Magnetic Seal Corporation
December 16, 2021
Ducommun Incorporated (NYSE: DCO) completed the acquisition of Magnetic Seal Corporation (MagSeal), a Warren, Rhode Island–based maker of proprietary magnetic seals for aerospace and defense applications. The purchase expands Ducommun's engineered products portfolio and recurring aftermarket offerings for critical A&D systems; the deal was financed with cash on hand and a portion of Ducommun's revolving credit facility.
- Buyers
- Ducommun Incorporated
- Targets
- Magnetic Seal Corporation, MagSeal
- Industry
- Aerospace & Defense
- Location
- Rhode Island, United States
- Transaction Type
- Buyout
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